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Fulcrum IT Partners, an MSP, calls them “cyber-warranty backed solutions” and is offering the services with the backing of SPECTRA, the Bermuda-based cyber insurance provider. “As part of the new…
Read More “Money-Back Guarantee from MSP & Cyber Insurance Provider: Cyber Warranty Solutions” »
Interesting tidbit in CyberCube yearly report: “All cyber cat bonds issued in 2023 utilized CyberCube’s model, marking an expansion into CyberCube serving the financial sector.” ILS growth in cyber liability…
Cyber insurance professionals well remember the market shake up and debate a year ago when Lloyd’s Market Association announced model cyber war clauses. As we reported, the announcement led to…
The useful new 2024 US Cyber Outlook Report from Risk Placement Services (RPS) notes that carriers reduced premiums, increased limits and softened requirements for some cyber controls when ransomware losses declined last…
Read More “Think Cyber Insurance Market is “Out of the Woods?” No So Fast, Says RPS” »
We’ve reported extensively about the impact of GenAI on the cyber insurance industry, from its use by hackers to predictions it will “revolutionize” the industry. Information Week has some interesting…
Read More “Watch Out for AI Poisoning & Other Practical Tips on AI for Cyber Insurance” »
As noted in our earlier post, Woodruff Sawyer, the large American brokerage and consultancy, is out with an excellent new report: “Looking Ahead: Cyber Liability Insurance Concerns in 2024.” We…
The predictions come in the tech giant’s report “Cybersecurity Forecast 2024: Insights for Future Planning.” The report is a fascinating read for anyone involved in the cyber security arena —…
Read More “Google Predicts Stable Cyber Insurance Premiums in 2024 (+ more “Pig Butchering”)” »
The specialist insurer has announced the closing of PoleStar Re Ltd, the Series 2024-1 Class A notes “designed to cover remote probability catastrophic and systemic events. Structured on an indemnity…
Read More “Beazley Closes $140 Million Cyber CAT Bond; Good Sign for Cyber ILS Market” »
The HHS 405(d) Program (see below) is an industry group supported by the U.S. Department of Health and Human Services (HHS) that is attempting to improve cyber security in the…
Read More “Feds Push Cyber Insurance for Healthcare Industry” »
Oakland was hit with a ransomware attack attack in May and the fall out continues, along with what to us is a surprising, and positive, focus by local media on…
Read More “Local Media Reports on Cyber Insurance Issues Involved in Hack of Oakland” »